Investor news

Meridian Energy Limited's monthly operating report for the month of July 2019 can be found here.

Highlights this month include:

  • In the month to 12 August 2019, national hydro storage decreased from 108% to 106% of historical average
  • South Island storage sat at 113% of average and North Island storage at 80% of average on 12 August 2019
  • Meridian’s July 2019 monthly total inflows were 125% of historical average
  • Meridian’s Waitaki catchment storage at the end of July 2019 was 129% of historical average
  • Storage in Meridian’s Waiau catchment was above average at the end of July 2019
  • National electricity demand in July 2019 was 1.1% lower than the same month last year
  • Meridian made calls on load under the Genesis Swaption in July 2019
  • July 2019 was New Zealand’s second warmest July on record with temperatures above average across the country. Rainfall was above average for the majority of the South Island, while it was drier in the north and east of the North Island
  • New Zealand Aluminium Smelter's load during July 2019 was below the contract level of 622MW
  • Meridian’s New Zealand retail sales volumes in July 2019 were 15.0% higher than July 2018

ENDS

Neal Barclay
Chief Executive
Meridian Energy Limited

 

For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772
For media queries, please contact:
Meridian Media Team
MediaTeam@meridianenergy.co.nz
0800 948 843